HOW IT WORKS

Providing a needed solution for today's healthcare providers

F2 Healthcare helps healthcare providers maximize their net revenue realization and recovery through niche, high value areas. Powered by decades of industry finance, reimbursement, and revenue cycle experience paired with a leading technology offering, F2 Healthcare has quickly become a preferred partner of health systems across the country.

THE PROBLEM

Rapid Change is the Norm in Healthcare

Rapid change is becoming the norm in healthcare, resulting in connectivity gaps in the revenue cycle and reporting operations. Increased consolidation activity, staff turnover, system conversions or upgrades, collection agency issues, and new regulation changes are just some of the issues that drive missed value for healthcare providers.

New Staffing

Changes in personnel create training gaps, and mistakes.

Changed Processes

New methodology requiring new ways of working.

Affiliations & Mergers

The combination of data and approaches gets messy.

System Upgrades

New technology resulting in a steep learning curve.

New Regulations

Rule revisions resulting in new processes and outcomes.

Agencies & Policies

Expectations on collection efforts growing in complexity.

Imperfect solution

An Imperfect Solution

A health system’s net revenue reporting process typically involves the finance team, a consultant or accounting service, and technology tools. While this approach correctly reports most of the net revenue each year, we have found missed value 100% of the time with our clients. The experts do not leverage the power of technology and technology providers do not have the expertise to incorporate the nuances of industry change.

  • Outdated Approaches
  • Imperfect Data
  • “Outside In” Thinking
  • Bland Insights
  • Mis-Aligned Incentives
  • Missed Value

Compilation vs. Analytics Gap

ACCOUNTING FIRMS (COMPILATION)

  • Internal/vendor annual cost reporting process

  • Historical reports/methodologies

  • Consistent "same thing as last year" approach

SOFTWARE PROVIDERS (ANALYTICS)

  • Unique “outside-in” approach reconciles entire portfolio

  • Consider impacts of dynamic changes

  • Account for every dollar: Paid, Already claimed as MBD, other: all remaining coinsurance/deductible analyzed

THE REQUIRED SOLUTION

F2's Expertise & Technology

F2’s core solution works alongside a health system’s finance team to obtain all necessary data, loads the data into F2’s proprietary data analytics tool, applies automated algorithms to “dig deep” into a health system's net revenue financial results, carefully finds value that is missed or lost, and then combines these data sets with an expert driven service to report and recapture value. F2 leads the process from start to cash back in the health system’s account.  

  • Understand the nuances
  • Resolve the discrepancies
  • Reconcile agency files
  • Identify outlier data
  • Advance to an outcome

How it Works

Data Download

Collect all needed files from client, and securely transfer to F2

Data Validation

Ensure data quality, compatibility, accuracy, and then organize

Net Revenue Analytics

Smart algorithms to "dig deep" in data and find missing value

F2 Insights

Confirm found value, compile amended reports, translate to money

CLIENT SUCCESS

"F2 Healthcare has earned our trust over many years by being a true partner. They provide deep insights, ask for our buy-in on the approach, and then take the lead to get it done. We can be hands off – knowing they’ll do a great job.”

Large Nationwide Hospital System — 15 Hospitals

Outcomes

We can review publicly available data on your hospital or health system and determine if there is an opportunity. Once we review and provide initial analysis, we can send our insights via email or share in a call.

Our Outcomes

Actionable Analytics

Amended Reports

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Resolved Issues

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Money to Hospital

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Actionable Analytics

Amended Reports

Resolved Issues

Money to Hospital

We can review publicly available data on your hospital or health system and determine if there is an opportunity. Once we review and provide initial analysis, we can send our insights via email or share in a call.

  • Actionable Analytics
  • Amended Reports
  • Resolved Issues
  • Money to Hospital